Welcome to our dedicated page for Alpha G Investment Management news (Ticker: TETAA), a resource for investors and traders seeking the latest updates and insights on Alpha G Investment Management stock.
Alpha G Investment Management, Inc. (OTCQX: TETAA), formerly Teton Advisors, Inc., generates news and disclosures that reflect its role as an active asset manager and holding company for registered investment advisor subsidiaries. Company announcements have covered financial results, corporate reorganization, capital markets activity and strategic initiatives in asset management.
News items include quarterly and full-year financial results, where the company reports revenues, net income, cash earnings and assets under management from its investment advisory operations. These releases provide insight into trends in advisory fee revenue from mutual funds and separate accounts, as well as information on cash, investments and stockholders’ equity.
The company’s news flow has also addressed corporate developments such as its reincorporation from Delaware to Wyoming and its name change to Alpha G Investment Management, Inc., while noting that its common stock continues to trade on OTCQX under the symbol TETAA. Other announcements have described the sale of the investment management account assets of Keeley-Teton Advisors, LLC to GAMCO Investors, Inc., and characterized that transaction as the outcome of a strategic alternatives process.
Investors following TETAA news can also find updates on capital actions, including a rights offering to existing shareholders, a share repurchase plan approved by the board, and information about the convertibility of Class B shares into Class A shares. In addition, the company has issued releases about its participation in investor conferences and webinars, where management presents financial performance, strategic direction and initiatives such as the "Teton One Earth" ESG framework.
This news page allows readers to review these types of announcements in one place, from earnings updates and assets under management reports to corporate transactions and product or policy initiatives. For those tracking Alpha G Investment Management, Inc., the news feed offers a way to monitor how the company describes its evolving asset management platform, its focus on smaller company investing and value methodologies, and its corporate structure decisions over time.
Alpha G Investment Management (OTCQX: TETAA) reported third-quarter 2025 results and completed a corporate reorganization. Key financials: revenues $668.0K (vs $838.2K a year ago), cash earnings $125.7K (Q3 2025) and Cash EPS $0.08 (vs $0.23). Average AUM from continuing operations was $291M vs $368M a year ago. Cash and liquid investments totaled $30.3M, including a $5.5M first installment from the sale of Keeley Teton Advisors; total sale proceeds expected to be at least $11.5M with a minimum $6.0M payment due by May 2030. Fully diluted book value per share rose to $21.55 from $17.69. The company reincorporated in Wyoming and changed its holding-company name to Alpha G Investment Management.
Teton Advisors (OTCQX: TETAA) has announced its participation in the upcoming Sidoti May Virtual Investor Conference, scheduled for May 21-22, 2025. Marc Gabelli, the company's Interim Chief Executive Officer, will deliver a presentation on May 22 at 2:30 PM ET and conduct one-on-one meetings with investors throughout the two-day event. The presentation will be accessible via a live webinar, and interested participants can register for free through Sidoti's website, regardless of client status.
Teton Advisors (TETAA) has agreed to sell the investment management account assets of Keeley-Teton Advisors to GAMCO Investors (GAMI). The transaction is expected to generate at least $11.5 million in gross proceeds, with the final amount tied to performance over a 5-year period. Keeley currently manages approximately $975 million in client assets, down from $2.3 billion when Teton acquired it from TA Associates in 2017. The sale follows a year-long strategic alternatives process, with Keeley's accounts being managed by a combined team of Teton and GAMCO professionals since the initial acquisition.
Teton Advisors (OTCQX: TETAA) has announced its preliminary financial results for the third quarter of 2024. The company's assets under management (AUM) increased to $1.4 billion as of September 30, 2024, up from $1.3 billion a year earlier. Teton expects to report gross revenue of $3.1 million, unchanged from Q3 2023. Net investment advisory fees, the primary source of operating revenue, are anticipated to be $2.7 million, slightly down from $2.8 million in Q3 2023.
The company projects diluted earnings per share (EPS) between $0.14 and $0.24 for Q3 2024, compared to $0.21 in Q3 2023. The $0.10 range is attributed to uncertainties in tax provisions and amortization effects from a recent private client business acquisition. Teton's Board has approved a $500,000 share repurchase plan on October 3, 2024. Full financial details will be released in early November.
Teton Advisors (OTCQX: TETAA) will host an annual meeting and webcast to discuss company operations. The event will feature CEO Stephen Bondi and the executive team, who will review recent financial results and future activities. Key points include leveraging market opportunities via organic growth, product development, and acquisitions. The company emphasizes its multi-strategy asset management, targeting inefficient markets and smaller companies. Enhanced value creation through expanded research and marketing is also highlighted. The meeting will take place in Greenwich, CT, and online; registration is required.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.